Dave's Manufacturing Company has a past history of uncollectible accounts by age category as shown below:
		Age Class			Balance		% Uncollectible
		Current			$1,217,000		0.9%
		1-30 days past due			$416,000		1.8%
		31-60 days past due			$237,000		4.5%
		61-90 days past due			$125,000		11.2%
		91-120 days past due			$79,000		32.5%
		Over 120 days past due			$55,000		75.0%
	A)	Estimate the allowance for doubtful accounts based on the aging of receivables schedule.
	B)	Show the journal entry needed to be made assuming the current allowance for doubtful accounts balance is $47,527.
		Account

**Please show all formulas/equations!